You are here

Thailand resorts to rate cut on weaker growth prospects

Bangkok

THAILAND unexpectedly cut its key interest rate for the first time in a year, joining a wave of global monetary easing as the central bank cited weakening growth prospects and risks from China's slowdown. Stocks rose and the baht declined.

The Bank of Thailand cut its one-

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom